GM Kills $10 Million Facebook Ad Campaign Because It Didn't Work
JCPenney's Ron Johnson: 'Customers Don't Get Our Pricing Strategy'Time Warner, Inc. (NYSE: TWX) just announced this evening that it has appointed a new chief executive and chairman to run AOL. Getting the top job, replacing Jon Miller, is Randy Falco, the president and COO of NBC Universal Television Group, a division of General Electric Company (NYSE:GE).
Details about the change are still coming out (see coverage from the Wall Street Journal, subscription required). But it comes at a time when AOL is in transition from a subscription-based business model to an ad-supported media business.
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update
